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Turkey Scrap, European Costs Push Prices Higher But Billet And Finished Steel Restrain The Increase
Turkish deep-sea ferrous scrap import prices started September with a moderate increase, supported by a new European cargo concluded above previous levels and by higher transportation costs. The movement does not yet represent the beginning of a consolidated bullish...
China, Manufacturing Stabilizes But Domestic Demand Remains The Weak Point
China’s economy showed some signs of stabilization in August, but not yet a real acceleration. The improvement in manufacturing activity, accompanied by the return of production and new orders to expansionary territory, suggests that July’s industrial weakness may...
Southeast Asian Billet, Costs Push Offers Toward $500
Import prices for steel billet in Southeast Asia continued to rise at the beginning of September, supported by simultaneous increases in the main steelmaking raw materials. Coking coal, metallurgical coke and ferrous scrap are becoming more expensive, raising costs...
China Lithium, The Carbonate Rally Loses Strength Without Real Purchases
Chinese lithium carbonate prices began September above the levels of the previous week, but the rapid retreat in futures and persistent buyer caution indicate that the increase has not yet found solid confirmation in the physical market. Battery-grade lithium...